Sitebrand Inc.
TSX VENTURE : SIB

Sitebrand Inc.

June 08, 2009 09:37 ET

Sitebrand Announces Secured Loan

GATINEAU, QUEBEC--(Marketwire - June 8, 2009) - Sitebrand Inc. (TSX VENTURE:SIB), a leader in online marketing solutions, today announced that it has entered into a secured debt financing agreement with BrightIron Inc. for gross proceeds of $109,452. The debt is secured against Sitebrand's input tax credits, has a minimum term of 60 days with a demand option at the lender's discretion commencing August 31, 2009 and carries interest at the rate of 35% per annum. The proceeds will be used for general working capital purposes.

About Sitebrand (TSX VENTURE:SIB)

Sitebrand Inc. provides online marketing solutions and related services to major retailers across North America and Europe. Based on its proprietary software, Sitebrand's Segment&Serve personalization solution delivers personalized online marketing campaigns for websites, email, search engine marketing, blogs, banners, point of sale, or any other web medium. Using Sitebrand, online retailers are able to develop customized marketing campaigns that leverage anonymous web analytics and visitor behavior, providing each visitor with a personalized experience to that particular visitor in real-time generating more customers, more profit per customer, more customer loyalty, and more conversions. Sitebrand was founded in 2000 and is headquartered in Gatineau, Quebec.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information